(memo from City of Sanford)
Sanford City Council has committed to spending $4,268,444 for four transformative community initiatives as defined by the American Rescue Plan Act (ARPA).
*$690,444 – to provide and protect affordable housing. The City of Sanford will contract with Brick Capital Community Development Corporation to provide home buyer education. The City will loan funds to Brick Capital and the Sanford Affordable Housing Development Corporation to help with the cost of maintaining or improving existing affordable housing stock.
*703,000 – to renovate the Depot building recognizing the vital role of Depot Park in downtown Sanford’s success, the City of Sanford will renovate the historic Depot building for modern use.
*2,800,000 – to begin the Sanford Central Green transformation. Sanford Central Green will be a multi-use community green space anchored by the marketplace that serves as a connector between a future downtown mobility hub and City Hall.
*$75,000 – for a downtown strategic plan.
*$315,000 – to the Outreach Mission Shelter
*$250,000 – for a home repair program to help low-income residents with urgent home repairs.
*$850,000 – to Brick Capital Community Development Corporation to provide infrastructure for a new affordable housing project off Washington Avenue that will provide a 45 single-family lot land trust model subdivision and 16-unit apartment complex for supportive housing.
All of these initiatives align with the City of Sanford’s Strategic Framework, a guideline developed to ensure smart, planned growth.